This is аn action by Susan P. Breed, as a judgment creditor of the Real Estate Investment Company, wherein she seeks to recover оf the respondent Hobart and others the amount of her judgment against the Real Estate Investment Company, on the ground that the sаid Hobart was one of the incorporators of the said company and subscribed for ten thousand dollars of the stock of the company, and paid only $2,600, leaving $7,400 as the balance due on his subscription to the stock of the said company, which the appellant claims is an asset of the corporation which should be applied to the payment of her judgmеnt. The petition alleges that the Real Estate Investment Company was incorporated by the respondent, Hobart, and nine others, by each subscribing for ten thousand dollars of the stock of the company, and that the same was paid by the incorрorators deeding to the company real estate of the value of $26,000, leaving $7,400 that each of the incorporators was indebted to the company on their stock subscription.
In February, 1893, the Real Estate Investment Company issued two notes secured by deed of trust, each for $5,000, which they sold through the brokerage ■firm of Noell & Co. of St. Louis. One note was sold to the appellant, Mrs. Breed. Default was made in the payment of appellant’s note, and foreclosure of the deed of trust was had by sale of the property to Mrs. Breed, and judgment obtained for the surplus and execution was issued, milla bona return made, and this action was brought.
On the twenty-sixth day of July, 1902, judgment was rendered against the respondent, Hobart, and Bigbee as administrator of the estate of Ambrose, deceased, in favor of thе appellant Breed. This judgment was rendered by default, the respondent, Hobart, or
Before tbe judgment was set aside, oral evidence was bеard pro and con by tbe trial court, and tbe court exercised its discretion by setting aside tbe judgment by default and permitted tbe rеspondents, Hobart, and Bigbee, as administrator, to file their respective answers.
The first question with which we are confronted is аs to whether or not tbe order appealed from in this case is an order granting a new trial or an order setting aside a judgment by default. If tbe latter, tbe judgment must be affirmed, for setting aside a judgment by default is not a granting of a new trial, within tbe meaning of sections 801 and 806, Rеvised Statutes 1899. And no appeal lies from such an order.
As was said in Crossland v. Admire,
In passing upon the case last cited, the St. Louis Court of Appeals, in Schwoerer v. Christophel,
As no trial had been had, no new trial could be granted; therefore, the order granted was not for a new trial from which the appeal could have been taken, but simply an order setting aside a judgment from which no appeal could have been taken.
The motion to dismiss the appeal is sustained.
